Global Small Arms Market Growth 2025-2031

The global Small Arms market size is predicted to grow from US$ 15750 million in 2025 to US$ 20280 million in 2031; it is expected to grow at a CAGR of 4.3% from 2025 to 2031.

Small arms, often referred to as firearms or guns, are man-portable lethal weapons for individual use that can expel or launch a shot, bullet, or projectile by action of explosive.

In this report, Small arms include revolvers and self-loading pistols, rifles and carbines, assault rifles, sub-machine guns, and light machine guns.

Global Small Arms key players include Sturm, Ruger & Co., NORINCO GROUP, Smith & Wesson, Ordnance Factory Board (OFB), Glock Ges. m.b.H., etc. Global top five manufacturers hold a share about 15%. North America is the largest market, with a share about 60%, followed by Europe, and Asia-Pacific, both have a share over 30 percent. And in terms of application, the largest application is Civilian, followed by Military, Law Enforcement.

Market Drivers:

Modernization of Defense Forces:

Many countries are upgrading their small arms inventories with more lightweight, modular, and durable weapons.

Rising Civilian Ownership:

Increased interest in personal safety and sports shooting boosts demand, especially for handguns and rifles.

Technological Innovation:

Smart guns, biometrics-enabled safeties, and lightweight materials (like polymer frames) are becoming popular.

Urban Security Threats:

Increased terrorism and urban conflicts are pushing security agencies to adopt more compact and efficient small arms.

LP Information, Inc. (LPI) ' newest research report, the “Small Arms Industry Forecast” looks at past sales and reviews total world Small Arms sales in 2024, providing a comprehensive analysis by region and market sector of projected Small Arms sales for 2025 through 2031. With Small Arms sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Small Arms industry.

This Insight Report provides a comprehensive analysis of the global Small Arms landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Small Arms portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Small Arms market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Small Arms and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Small Arms.

This report presents a comprehensive overview, market shares, and growth opportunities of Small Arms market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Revolvers & Pistols
Rifles & Carbines
Assault Rifles
Sub-Machine Guns
Light Machine Guns

Segmentation by Application:
Military
Law Enforcement
Civilian

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
General Dynamics
Sturm, Ruger & Co.
NORINCO GROUP
Smith & Wesson
Glock Ges. m.b.H.
FN Herstal
Ordnance Factory Board (OFB)
Beretta S.p.A.
Colt's Manufacturing
Taurus
IMBEL
Česká Zbrojovka (CZUB)
Heckler & Koch
Israel Weapon Industries (IWI)
Olin Corporation
O.F. Mossberg & Sons
SSS Defence

Key Questions Addressed in this Report

What is the 10-year outlook for the global Small Arms market?

What factors are driving Small Arms market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Small Arms market opportunities vary by end market size?

How does Small Arms break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.